It's 'very difficult' for Congress to figure out what the Fed is up to: Rep. Scott Fitzgerald | Fox Business Video

Rep. Scott Fitzgerald expressed that it is quite challenging for Congress to understand the Federal Reserve's current monetary policies. He discussed the complexities and uncertainties in deciphering the Fed's economic strategies. Additionally, Fitzgerald compared the economic proposals of Donald Trump and Kamala Harris, noting how these compare in terms of voter support and polling results, pointing to varied public sentiments regarding their plans.

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Stock Forecasts

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Negative

With continued uncertainty surrounding the Federal Reserve's actions, interest rates may fluctuate, impacting sectors sensitive to such changes. If investors perceive a shift towards more restrictive monetary policy, sectors like real estate (REITs) could experience downward pressure. Conversely, sectors that can capitalize on improved economic growth signals, such as technology or consumer discretionary, may see positive movement. The outcome will largely depend on ongoing economic indicators and Fed signals.

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